O utstanding revocable letters of credit O thers

March 31,2006 March 31,2005 March 31,2006 March 31,2005 U naudited U naudited U naudited U naudited CO MMIT MEN T S Commitment Receivables

1. Unused fund borrowings facilities

a. Rupiah -

- - - b. Foreign currencies - - - -

2. O thers

- - - - T otal Commitment Receivables - - - - CO MMIT MEN T PAYABLES

1. Unused loan facilities granted

a. Rupiah 16,929,984

19,313,902 17,007,664 19,332,175 b. Foreign currencies 2,399,872 3,393,532 2,399,872 3,393,532

2. O utstanding irrevocable letters of credit

3,430,979 6,989,826 3,733,703 7,156,803

3. O thers

- - - - T otal Commitment Payables 22,760,835 29,697,260 23,141,239 29,882,510 CO MMIT MEN T S - N ET 22,760,835 29,697,260 23,141,239 29,882,510 CO N T IN GEN CIES Contingent Receivables

1. Guarantees received

a. Rupiah 220,971

99,793 220,971 99,793 b. Foreign currencies 2,190,977 2,181,994 2,193,424 2,219,121

2. Unrecognized interest income

a. Rupiah 2,744,231

1,512,104 2,744,411 1,512,104 b. Foreign currencies 1,683,716 640,973 1,683,716 640,973

3. O thers

32,904 32,962 32,904 32,962 T otal Contingent Receivables 6,872,799 4,467,826 6,875,426 4,504,953 CO N T IN GEN T PAYABLES

1. Guarantees issued

a. Bank guarantees - Rupiah

3,271,703 3,001,805 3,351,083 3,084,909 - Foreign currencies 7,015,857 7,713,216 7,111,934 7,748,967 b. O thers - - - 3,167

2. O utstanding revocable letters of credit

- - - -

3. O thers

55,067 31,302 52,883 31,302 T otal Contingent Payables 10,342,627 10,746,323 10,515,900 10,868,345 CO N T IN GEN CIES - N ET 3,469,828 6,278,497 3,640,474 6,363,392 BAN K CO N SO LIDAT ED N O DESCRIPT IO N As of March 31, 2006 and 2005 In Millions of Rupiah 88 Jakarta, May 31, 2006 Board of Commissioners - Chairman : Edwin Gerungan

S. E O - D eputy Chairman

: Muchayat Board of D irectors - Commissioner : Soedarjono PT Bank Mandiri Persero T bk. - Commissioner : Richard Claproth - Independent Commissioner : Pradjoto - Independent Commissioner : Gunarni Soeworo - Independent Commissioner : Yap Tjay Soen Board of Directors - President D irector : Agus Martowardojo - D eputy President D irector : W ayan Agus Mertayasa - D irector : O mar Sjawaldy Anwar - D irector : Johanes Bambang Kendarto - D irector : Z ulkifli Z aini - D irector : Abdul Rachman - D irector : Sasmita As approved in the Shareholders General Meeting on May 22, 2006 The change in member of the Boards of D irectors are as follow : President D irector : Agus Martowardojo D irector : Sentot A. Sentausa D eputy President D irector : W ayan Agus Mertayasa D irector : Bambang Setiawan D irector : O mar Sjawaldy Anwar D irector : Riswinandi D irector : Z ulkifli Z aini D irector : Thomas Arifin D irector : Abdul Rachman D irector : Budi Gunardi Sadikin D irector : Sasmita 1 The above financial information as of and for the three months ended March 31, 2006 and 2005 is derived from the consolidated financial statements that have been reviewed by Public Accounting Firm Purwantono, Sarwoko Sandjaja previously Prasetio, Sarwoko Sandjaja, a member of Ernst Young Global Partner In-charge is D rs. Soemarso S. Rahardjo ME 2005 : D rs. Sandjaja which stated that they did not find indication for material modification that should be made to the consolidated financial statements in order for them to comply with generally accepted accounting principles in Indonesia in their reports dated May 17, 2006 except for note 60b as to which the date is May 22, 2006 and May 29, 2005, respectively, as the financial information is derived from the consolidated financial statements, it does not provide a complete presentation of all disclosures that are included in the consolidated financial statements. 2 The above financial information is presented in accordance with the following stipulations: a Bank Indonesias Regulation N o. 322PBI2001 dated D ecember 13, 2001 as amanded by Bank Indonesias Regulation N o. 750PBI2005 dated N ovember 29, 2005 regarding Transparency of Banks Financial Condition. b Bank Indonesia’s Circular Letter N o. 710D PN P dated March 31, 2005 regarding the amendment of Bank Indonesias Circular Letter N o. 330D PN P dated D ecember 14, 2001 concerning Presentation of Q uarterly and Monthly Published Financial Statements of Commercial Banks and Certain Report Submitted to Bank Indonesia. c Bank Indonesias Regulation N o. 47PBI2002 dated September 27, 2002 regarding Prudential Principles for Purchase of Credit by Commercial Banks from the Indonesian Banks Restructuring Agency IBRA. d Bank Indonesias Letter N o. 5559D PN PID PnP dated D ecember 24, 2003 regarding Banks Published Financial Statements . e Rule X .K.2, D ecision of Chairman of the Capital Market Supervisory Agency Bapepam, Attachment N o. Kep-36PM2003 dated September 30, 2003 regarding O bligation to Submit Periodic Financial Statements 3 Bank assessed asset quality rating based on Bank Indonesias Regulation N o. 72PBI2005 dated January 20, 2005, as amanded by Bank Indonesias Regulation N o. 82PBI2006 dated January 30, 2006 regarding change in PBI 7, which among others required the Bank to apply the asset quality designated by Bank Indonesia, in the event of difference in assesment of asset quality between Bank and Bank Indonesia and other consideration such as classification determined by other commercial banks on the earning assets given by more than one bank and availiability of audited financial statements. 4 For comparative purposes, certain accounts in the financial information as of and for the three months ended March 31, 2005 have been reclassified to conform with the presentation of accounts in the financial information as of and for the three months ended March 31, 2006. 5 Exchange rate of 1 US D ollar as of March 31, 2006 and 2005 was Rp 9,065.50 and Rp 9,471.50 respectively. 6 Basic and diluted earnings per share are calculated by dividing the net profit with the weighted average number of shares issued and fully paid during the period, after considering the effects of stock options. 7 The appointment of Compliance D irector is in the process of approval from Bank Indonesia. Zulkifli Zaini Director Director N orbax Inc : 7.99 Public : 23.01 Omar Sjawaldy Anwar SH AREH O LDER Republic of Indonesia : 69 Ultimate Shareholders JP Morgan Chase Bank US Resident 89 SPECIAL SUB SPECIAL SUB MEN TIO N STAN D ARD MEN TIO N STAN D ARD I Related Parties A EARN IN G ASSET S 1 Placement with other banks 126,917 - - - - 126,917 237,245 - - - - 237,245 2 Securities 92,661,717 - - - - 92,661,717 93,491,203 - - - - 93,491,203 3 Loan to related parties 662,825 - 6,000 - 201,578 870,403 629,609 - - - 356,562 986,171

a. Small scale business credit KUK